3 ms·
Since we are doing whataboutism, let's also bring up the ~$1 trillion PPP program, ripe with fraud, enabled and designed by Donald Trump, which helped kick off
by jondwillis 2y ago
Since we are doing whataboutism, let's also bring up the ~$1 trillion PPP program, ripe with fraud, enabled and designed by Donald Trump, which helped kick off the current wave of inflation.
>The cost per job saved for one year was $169,000 to $258,000, which was much higher than the average amount—$58,200—paid in wages and benefits to small-business employees in 2020. [1]
[1] https://www.stlouisfed.org/publications/regional-economist/2022/jul/was-paycheck-protection-program-effective https://www.stlouisfed.org/publications/regional-economist/2...
- aeternum 2y agoAgreed, ripe with fraud and overall an unfair use of taxpayer money. Poorly thought out even for an emergency measure and we should not do it again.